Mortgage rates didn’t move much today, and the direction of that movement depends greatly on how any given lender reacted to the week’s big news…
Home Refinancing is Easy
Let’s keep this short and simple. There are some major misconceptions out there today and for many of you, it’s very important to address them. …
With several major developments and interesting milestones in the mortgage world, I’m seeing a lot more confusion than normal. So let’s clear it up without…
This DOES NOT mean your rate is going down by 0.50%. Again, the fee is 50bps in terms of PRICE and that equates to roughly…
Several new reports confirm the housing market is soaring right now, but the headlines don’t tell the whole story. On Friday, the National Association of Realtors…
Mortgage rates are still coping with the after-effects of last week’s surprise implementation of a new fee on refinances. The fee in question is technically an…
Mortgage rates managed to improve modestly for the average lender today, but they remain significantly higher than they were before last week’s regulatory drama. By…
Some mortgage companies have generated buzz by advertising 30yr fixed rates of 1.99%. While it is possible to obtain such a rate, there is definitely…
At face value, the bonds that underlie the mortgage market didn’t sustain too much damage today. If there was nothing else to inspire lender rate…
In what can only be described as a cash grab, Fannie and Freddie’s regulator just announced a new tax on refinances. Granted, it’s not technically a…